Junior Associate Risk Analysts - SOC Audit (Homebased)

About the job

Job Summary

A back-office role with no direct client/customer engagement. The candidate should have experience or basic knowledge with risk and compliance.

Job Description

About Us:

Outsourced. ph is a leading ISO-certified Philippines offshore outsourcing company that provides dedicated remote staff to some of the world's leading international companies. Outsourced is recognized as one of the Best Places to Work and has achieved Great Place to Work Certification. We are committed to providing a positive and supportive work environment where all staff can thrive. As an Outsourced staff member, you will enjoy a fun and friendly working environment, competitive salaries, opportunities for growth and development, work-life balance, and the chance to share your passion with a team of over 1,000 talented professionals

About The Client (US)

Governance, risk and compliance management software solutions built exclusively for banks, credit unions, and other financial institutions.

Job Summary

This is a back-office role with no direct client/customer engagement.

This role is part of our Risk Analyst Team, which is a team within our Vendor Services department. This role is responsible for successfully learning to assess and interpret technical and legal regulatory compliance documents; while also learning to research, draft, edit, summarize, and document written reports to help our clients assess the risk(s) associated with third-party service providers

Essential Functions

Demonstrate ability to progress through a structured training program with defined, progressive phases, incorporating feedback while learning new concepts and becoming familiar with standardized templates as well as company systems and software.

Develop basic knowledge of regulatory requirements for service provider oversight applicable to financial institutions, including appropriate due diligence documentation and ongoing monitoring to satisfy compliance requirements.

Learn basic concepts and definitions related to legal, regulatory, and industry standard best practices for the security, confidentiality, privacy, availability, and integrity of client/customer confidential data; primarily within the financial industry.

Perform independent internet research to supplement vendor due diligence documentation provided by the client and/or vendor.

Learn to interpret and document vendor strengths and issues related to regulatory compliance and industry standard best practices.

Successfully learn and incorporate knowledge necessary to, interpret, condense, draft, summarize and edit complex technical and legal regulatory information into a professionally written format that is easy to read and understand, while meeting the objectives and goals for the intended (financial client and regulatory entity) audience, while ensuring consistency with standardized formatting, language, and grammatical style guidelines.

Competencies/Personality Traits (Junior-Mid Level)

Risk, Governance, and Compliance experience

Reading and reviewing any technical documents

Summarizing Reports (SOC Audit – System and Organization Controls)

Experience in fast-paced environment

Advanced skill in drafting/composing documents and/or reports, to include independent composition, grammar, and punctuation is critical

Working knowledge of Microsoft Word

Experience in English or legal writing/composition

Ability to conduct independent internet research

Work Schedule (Night shift - US Client)

Monday to Friday (9PM-6AM; Manila Time)

Work Setup (WFH)

Permanent Homebased

Equipment will be provided by Outsourced

Candidates are required to have a stable/reliable internet connection at home with at least 20MBPS for BOTH download and upload speed.

Industries:Outsourcing/Offshoring

Function: Admin and Back office